Tata Global Beverages Ltd (TGBL) will now focus on extension and scaling up its product lines – bringing in new products, said N Chandrasekaran, chairman, TGBL. “The focus of the company going forward will be to try and scale specific platforms and operations and also capture the growth in the Indian market. Even though in volume term, we continue to be number one in the Indian market, we can't say the same in value terms.
To make further inroads into the intensely competitive Indian telecom market, billionaire Mukesh Ambani on Thursday annou-nced ‘JioPhone Monsoon Hungama’, offering to replace old feature phone with JioPhone for just Rs 501.
Speaking at the 41st annual general meeting of Reliance Industries, Ambani also outlined a target of garnering 100 million JioPhone users in the “shortest possible time”.
He also announced added capabilities and functionalities for JioPhone, an internet-enabled feature phone that offers 4G connectivity.
Volvo, the Swedish luxury car maker, on Wednesday introduced the much anticipated Volvo XC40, its smallest sports utility vehicle to take on rival and market leader Mercedes-Benz, BMW, Audi and Jaguar Land Rover and to boost sales in Asia’s third biggest car mart.
With an aggressive introductory price of Rs 39.90 lakh at pan India, Volvo XC40 competes with the likes of the Mercedes-Benz GLA, Audi Q3, and the BMW X1 in the growing 40,000 units per year Indian luxury car market.
BSE-listed Salzer Electronics Ltd, a leading player offering total and customised electrical solutions – switchgears, wires & cables and energy management business, seems well set to acquire two overseas companies – Advanced ID Asia Engineering Co Ltd, Thailand and United Marketing and Trading Ltd, Hong Kong.
Masterpiece London is underway on the lawns of the Royal Hospital Chelsea till July 4. DAG, formerly known as Delhi Art Gallery, is showcasing 11 hand-picked works by Jamini Roy, Krishen Khanna, Tyeb Mehta, Rameshwar Broota, GR Santosh, MF Hussain, Ram Kumar, Shanti Dave, FN Souza, Bikash Bhattacharjee and Rabin Mondal. The paintings straddle the period from the 1940s to the 1980s - when Indian modern art was at its zenith.
The idea is to raise curtain over a narrative on Indian modern art during 20th century.
He worked with and spearheaded operations at two of the top ‘Big Four’ brands and now he is up to creating a ‘truly transnational consulting brand’ born out of Kolkata. Intueri Consulting LLP, the fledgling consulting firm floated by Ambarish Dasgupta, former India Head of management consultancy practices of PricewaterhouseCoopers and KPMG (in two different stints), promises to walk an extra mile with its clients and offer special attention on the basis of ‘deep research’. “That’s how we would like to position our brand- Intueri.
Blue Star, the air-conditioning and commercial refrigeration major, has embarked on a strategic plan to de-risk its business by foraying into water purifiers, and through expansion in key export markets.
After 75 years in AC and commercial refrigeration business, the Mumbai-based major, which introduced a range of water purifiers in the country, is now targeting sales revenue of Rs 400-Rs 500 crore over the next three years.
After struggling for over a decade to make a mark in India, Volkswagen, the world’s fifth largest car maker, will now invest Rs 7,900 crore (1 billion euro) between 2019 and 2021 as part of its ambitious ‘India 2.0’ project.
Audi, India’s third biggest luxury car maker by sales, has expanded its popular Audi Q5 portfolio in the country by launching the petrol variant of the SUV take on market leader Mercedes-Benz, BMW, Jaguar Land Rover and Volvo Cars and boost sales in India.
With price starting at Rs 55.27 lakh, the Audi Q5 petrol competes against the mid-size SUVs such as the recently launched BMW X3 xDrive30i, Mercedes-Benz GLC 300 and Lexus NX 300h.
Volvo-Eicher Commercial Vehicles, India’s third biggest commercial vehicle maker by sales, is charting out an aggressive plan to gain market share in the growing heavy duty trucks space in Asia’s third biggest economy.
The equal joint venture between Eicher Motors and Volvo Group of Sweden, the company is targeting to sell 1,500 units of heavy duty trucks every month from the present average 1,000 units.
Towards this end, it introduced two new heavy duty trucks in the domestic market on Wednesday.